How to Pick the Perfect Souvenir When Travelling
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    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,692,868 (-0.39%)       Melbourne $1,031,012 (+0.35%)       Brisbane $1,187,143 (-0.08%)       Adelaide $1,042,004 (+0.19%)       Perth $1,086,840 (-0.04%)       Hobart $828,229 (-1.36%)       Darwin $856,149 (+1.51%)       Canberra $981,730 (-0.02%)       National Capitals $1,147,240 (-0.10%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $790,735 (-0.72%)       Melbourne $546,895 (+0.16%)       Brisbane $756,862 (-1.86%)       Adelaide $574,177 (-0.80%)       Perth $645,945 (+1.02%)       Hobart $576,133 (+0.95%)       Darwin $460,298 (-1.46%)       Canberra $478,780 (-1.66%)       National Capitals $624,692 (-0.60%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 13,951 (+82)       Melbourne 16,013 (-12)       Brisbane 9,742 (+52)       Adelaide 3,334 (+40)       Perth 8,233 (+43)       Hobart 714 (+5)       Darwin 167 (+5)       Canberra 1,169 (-3)       National Capitals 53,323 (+212)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 9,406 (+7)       Melbourne 6,736 (-92)       Brisbane 2,149 (+36)       Adelaide 579 (+3)       Perth 1,582 (+5)       Hobart 160 (+6)       Darwin 229 (+6)       Canberra 1,238 (0)       National Capitals 22,079 (-29)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $875 ($0)       Melbourne $620 ($0)       Brisbane $710 (+$3)       Adelaide $660 (-$10)       Perth $750 ($0)       Hobart $625 (+$5)       Darwin $830 (-$20)       Canberra $735 (+$5)       National Capitals $736 (-$3)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $840 (-$10)       Melbourne $570 (-$60)       Brisbane $680 (+$5)       Adelaide $550 ($0)       Perth $700 ($0)       Hobart $550 (+$20)       Darwin $650 ($0)       Canberra $590 ($0)       National Capitals $655 (-$6)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 6,447 (+89)       Melbourne 7,394 (+72)       Brisbane 3,545 (+116)       Adelaide 1,310 (+18)       Perth 2,220 (-5)       Hobart 223 (+2)       Darwin 49 (-2)       Canberra 472 (-3)       National Capitals 21,660 (+287)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 10,198 (+261)       Melbourne 8,408 (+2,280)       Brisbane 1,972 (+16)       Adelaide 410 (+17)       Perth 764 (+15)       Hobart 80 (+3)       Darwin 107 (+19)       Canberra 769 (+2)       National Capitals 22,708 (+2,613)                HOUSE ANNUAL GROSS YIELDS AND TREND       Sydney 2.69% (↑)        Melbourne 3.13% (↓)     Brisbane 3.11% (↑)        Adelaide 3.29% (↓)     Perth 3.59% (↑)      Hobart 3.92% (↑)        Darwin 5.04% (↓)     Canberra 3.89% (↑)        National Capitals 3.34% (↓)            UNIT ANNUAL GROSS YIELDS AND TREND         Sydney 5.52% (↓)       Melbourne 5.42% (↓)     Brisbane 4.67% (↑)      Adelaide 4.98% (↑)        Perth 5.64% (↓)     Hobart 4.96% (↑)      Darwin 7.34% (↑)      Canberra 6.41% (↑)        National Capitals 5.45% (↓)            HOUSE RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 1.5% (↑)      Brisbane 1.2% (↑)      Adelaide 1.2% (↑)      Perth 1.0% (↑)        Hobart 0.5% (↓)       Darwin 0.7% (↓)     Canberra 1.6% (↑)      National Capitals $1.1% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 1.4% (↑)      Melbourne 2.4% (↑)      Brisbane 1.5% (↑)      Adelaide 0.8% (↑)      Perth 0.9% (↑)      Hobart 1.2% (↑)        Darwin 1.4% (↓)     Canberra 2.7% (↑)      National Capitals $1.5% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND       Sydney 36.0 (↑)        Melbourne 34.3 (↓)     Brisbane 37.8 (↑)      Adelaide 29.9 (↑)      Perth 43.1 (↑)        Hobart 30.0 (↓)       Darwin 33.1 (↓)     Canberra 34.2 (↑)        National Capitals 34.8 (↓)            AVERAGE DAYS TO SELL UNITS AND TREND       Sydney 34.1 (↑)      Melbourne 32.6 (↑)      Brisbane 36.7 (↑)        Adelaide 29.0 (↓)     Perth 42.2 (↑)      Hobart 36.0 (↑)      Darwin 39.1 (↑)        Canberra 39.3 (↓)     National Capitals 36.1 (↑)            
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How to Pick the Perfect Souvenir When Travelling

It’s easy to buy clunkers when you’re caught up in the moment. But regrettable purchases aren’t inevitable.

By KATHLEEN HUGHES
Sat, Nov 9, 2024 7:00amGrey Clock 4 min

Trying to buy just the right souvenir on a trip is a risky business. You can wind up with a lifetime treasure—or an albatross you feel stuck with forever.

Consider the giant painting of a chicken flying out of Cuba that has been hanging over our couch in Palos Verdes, Calif., for the past 15 years. Buying it cheaply seemed to make sense when we were in Havana, since my husband’s family had fled the country after the revolution.

But the flying chicken just didn’t seem as, well, poignant by the time we returned home and hung the 4-by-7-foot painting. No guest has ever said a word about it. “I can’t help you with the chicken,” an art dealer told me long ago when I asked for help in selling it.

So, how do you find the right souvenir? Or is there even any such thing?

An everyday reminder

For many people, the answer to the second question is an unqualified “No,” and they have stopped trying. “Souvenirs never look as enticing or beautiful as they did at the time of purchase once you get them home,” warns Patricia Schultz, the author of “1,000 Places to See Before You Die.”

After collecting rugs on her trips, then Christmas ornaments, before running out of room at home for both, Schultz says, “I have gone cold turkey. I collect memories.”

But for others, surrendering just won’t do. “It’s intrinsic when people travel that they wind up bringing a keepsake of the journey,” says Rolf Potts, the author of “Souvenir,” a book that traces the history of travel souvenirs back to the earliest recorded journeys.

“It can be a way to show off,” he says. “Much like the envy-inducing travel posts on Instagram.” But for many people, he says, “It’s proof you were there, not only to show other people but also for yourself.”

For those who lean in this direction, there are ways to help avoid regrets. Tara Button , founder of the Buy Me Once website, and the author of “A Life Less Throwaway: The Lost Art of Buying for Life,” suggests focusing on practical items that fit your lifestyle and double as mementos.

As an example, she once bought a “very affordable” baby blanket made from alpaca fiber on a trip to Peru and now uses it every day. The blanket not only reminds her of “the time pre-children when I was traveling,” she says. “It goes over my 2-year-old son every night. It’s always soft and always gorgeous.”

She has a friend who collects one cup from each destination. “Those are perfect memory keepers,” she says. “A small item that is used every day.”

Finding the right scale

One obstacle to finding the right souvenir is that it can be hard to think practically when you are swept up in the excitement of a new culture. Consider the Burmese puppet, 15 inches tall, that has spent about two decades in the closet of Liz Einbinder , head of public relations for Backroads, an adventure-tour company.

“We saw a lot of puppets everywhere and just got caught up in all of the Burmese art and culture,” she says. Now she wonders, “Why did I bring this back? It sits in the back of my closet and I can’t seem to get rid of it. It creeps me out when I see it.”

When that buying urge sweeps over you, Button and other travel experts suggest pausing to consider your lifestyle, taste, needs, and the scale of your home—you’re going back to the reality of your everyday life, after all.

But that doesn’t necessarily mean being entirely practical. Einbinder collects miniatures, mostly miniature houses, from every country, and has more than a hundred. Most are in storage, but she keeps a little London bus and a little Egyptian pyramid on her desk. For her, souvenirs aren’t just about memories, they’re also about the hunt. “It gives me something to search for” on each trip, she says. “That’s half the fun.”

Ignore the hard sell

Another way travelers often go wrong is by giving in to pressure, or at least persistence, from salespeople.

When Kimba Hills, an interior designer, went to Morocco, she hired a guide who took her to a rug store in Fez, where the dealers delivered a whirlwind sales pitch while serving tea. She wound up buying a $4,000 flat-weave Turkish rug, measuring about 13 feet by 9 feet.

“No one in my group could believe I got seduced,” she says.

When the rug finally arrived at her home in Santa Monica, “It smelled like cow dung,” she says. Washing the rug was going to change the color.

When she called the dealer in Fez and demanded her money back, he refused, offering to send her a different rug instead. “We got into a yelling match,” says Hills. “All my skills went out the window.”

Looking back, she says, “You are in a buying mode because you are there and feel like you should buy something.” On a recent trip to Mexico, she bought nothing, explaining, “I’m wiser.”

Sometimes, magic

Spontaneity can cut both ways. There’s the chicken painting. But waiting for inspiration to strike, rather than planning to go home with a souvenir, can still help.

Henry Zankov, a sweater designer, says that when he travels, he explores his destinations with the idea that he won’t buy anything unless he comes across something he loves. He still buys plenty, but says “I don’t have regrets.” At his home in Brooklyn, he has ceramics, vases and glassware from shops he found randomly in Spain, Greece, and Italy. “I buy what I have to have,” he says.

There are times he doesn’t find anything. “So I just give up,” he says. “It’s OK.”

Some souvenirs do become the treasure of a lifetime.

Annie Lucas , the co-owner of MIR, which offers tours to less-traveled destinations, became captivated by a mirror on a trip to Morocco. It was made with hand-pounded silver and pieces of camel bones.

She went back to the store three or four times, debating the cost and whether she would regret it once she got home. It was heavy and measured 24 inches by 40 inches.

“That was 15 years ago, and I still treasure it,” she says. “If I had to get out of my house and had only five minutes to pack, I would grab that off the wall.”



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Why These Bargain Stocks Can Outshine Gold

Gold miners are emerging as a compelling way to navigate market uncertainty, with analysts pointing to strong cash flows, attractive valuations and rising profit margins. As gold prices stabilize above US$4,000 an ounce, mining stocks could offer investors both downside protection and long-term upside.

By Paul R. La Monica
Thu, Aug 6, 2026 3 min

Gold is one of the market’s go-to hedges in rocky times. Don’t forget that gold miners’ stocks are too.

The stock market’s gains in 2026 belie the rocky macroeconomic picture: elevated inflation, heightened geopolitical tensions, and jitters about the artificial-intelligence trade. That backdrop, in theory, should be the time for gold to shine. Instead, the price of the yellow metal has tumbled more than 5% so far, after last year’s blistering 65% rally. In part, the U.S. dollar’s recovery has stymied gold, which benefited from the greenback’s weakness in 2025.

Even with the precious metal’s recent weakness, gold mining stocks could be the best way to profit from this year’s uncertainty.

Gold miners “are a valuable hedge against macro risks that would likely be damaging for equities,” BCA Research’s Noah Weisberger and Rishabh Shah wrote this week.

Concerns about the Federal Reserve’s next moves to tackle inflation, the increasingly crowded AI trade, and steep valuations for tech stocks are just some of the drivers that could help gold’s price get on even footing— and lead to even bigger gains for miner stocks.

These stocks’ prices tend to outpace gold’s moves, because the companies have fixed operational costs. So when gold’s price rallies, their profit margins soar, and vice versa. For instance, the VanEck Gold Miners GDX +7.39% exchange-traded fund has fallen 11% this year as the metal has slumped.

Now, gold’s price just needs to stabilize to help miners’ stocks take off, and that seems to be happening. The precious metal has recently found support above the $4,000 level, and has stuck in a narrow range since the end of June. But its price rose ever so slightly in July, ending a four-month losing streak for the metal. Technical analysis also suggests that gold is due for a comeback.

Barron’s recently wrote that the pullbacks for both gold miners and the metal itself are overdone. Senior technical analyst Doug Busch noted that the VanEck ETF is on the “verge of a breakout” and has the potential to hit $11o in early 2027, up more than 40% from its current price.

Gold miners also have more than their role as a market hedge going for them. Their fundamentals are solid, too, says Chris Mancini, portfolio co-manager of the Gabelli Gold Fund.

“Precious metals miners are generating substantial amounts of free cash flow given profit margins of over $2,000 per ounce, and are returning this cash to shareholders through buybacks and dividends,” he said in an email.

“Buying the miners is a cheap way to get exposure to the price of gold,” he added. His fund owns Newmont NEM +6.71%, a Barron’s stock pick last year, and Agnico Eagle Mines as top holdings, as well as miners Northern Star Resources, Endeavour Mining, and Kinross Gold K+8.59%.

Miners are better businesses than they used to be, the BCA team added.

“Capex is more disciplined, margins are high and rising…and they are largely independent of the AI story,” Weisberger, BCA’s head of equities, and Shah, a senior analyst, wrote.

That last part is key. AI is disrupting the software industry and many other services and information-oriented businesses, and investors have piled into AI stocks. But ChatGPT, Claude, Grok, and other large-language models aren’t going to replace the need to mine for metals.

“Equity portfolios can benefit from exposure to quality that is uncorrelated to AI risk, and gold miners fit the bill,” the BCA team said.

They recommend that investors buy the VanEck Gold Miners ETF, which owns top miners such as Agnico, Barrick Mining ABX +7.24%, and Newmont.

An important bonus for big gold miners’ stocks is that their valuations are attractive after the gold’s pullback, too. The VanEck ETF is now trading at just a little more than nine times next year’s earnings estimates. That’s a big discount to its five-year average price-to-earnings ratio of 14, according to FactSet.

What’s more, the ETF is currently valued at a more than 50% discount to the S&P 500 SPX -0.17%, which is trading for about 19 times earnings estimates for 2027. Mining stocks have typically traded at just a 25% discount to the broader market over the past five years. So there is significant upside for the group if valuations move back toward normal levels.

One factor that complicates mining stocks as a market hedge, of course, is if stocks bounce back, which has been the case so far in August.

But both the market and economic outlooks remain cloudy, and investors remain nervous about the Fed’s next moves and AI stocks. Gold miners should do just fine, even if the anxious mood on Wall Street persists.

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